Buyer's Guide April 2026

The World Just Discovered Prince Edward County.
Here's What You Need to Know Before You Buy.

From someone who lives and works here: what the market looks like, what your money buys, and whether this place is actually right for you.

If you've been watching the travel media lately, you may have caught it: Condé Nast Traveler — the gold standard of global travel publishing — named Prince Edward County one of the best places to go and one of the best places to eat in 2026. The only Canadian destination on both lists. If you're reading this, there's a good chance that's what brought you here. And here's what I want you to know: I get it. I'm Jake Bergeron, a realtor with eXp Realty based right here in the County. The questions I'm getting now are different. Less "where's Picton?" and more "is this actually a place I could live? Or own?" That's what I want to answer — honestly.

What Condé Nast Actually Said — And Why It Matters

This wasn't a throwaway "hidden gem" mention. Condé Nast Traveler's Best Places to Go list drives real travel decisions and, increasingly, real estate curiosity. When a publication with that global reach puts PEC on both its food and travel lists — the only Canadian destination to appear on both — the ripple effect is significant.

What made PEC stand out? The combination of world-class wineries along the Taste Trail, Sandbanks Provincial Park's freshwater sand dunes, a thriving arts community, and a culinary scene that punches well above its size. The County has been quietly building this reputation for over a decade — and for those of us who have lived it, the shift has been remarkable. The rest of the world is just catching up.

For buyers, this recognition matters beyond bragging rights. Destinations that earn this kind of international profile tend to hold and grow their real estate value over time. You're not just buying a home — you're buying into a story that's still being written.


What It's Actually Like to Live Here

Let me be straight with you, because I think you deserve more than a sales pitch.

Prince Edward County is not a suburb. It doesn't have a Costco. The winters are real, and the pace of life is genuinely slower — which, depending on who you are, is either the whole point or a dealbreaker.

What it does have:

If you're coming from a city and wondering whether this translates to a daily life you'd actually want — that depends on what you're after. For buyers who want quiet, nature, and community with a rich cultural layer, it translates very well.


The Real Estate Market in 2026: Honest Numbers

Here's where I'll give you the straight picture, because I think you're going to hear a lot of hype right now and I'd rather you make a well-informed decision.

The PEC market right now is firmly a buyer's market. Inventory is up significantly compared to the peak years of 2021–2022, days on market are longer, and sellers are negotiating — in some cases meaningfully. If you've been on the fence, the leverage is on your side right now.

For context, PEC's 2025 annual average sold price was approximately $779,000 — the highest in the broader Quinte region, reflecting the County's lifestyle premium. But 2026 is telling a different story. CLAR data shows the year-to-date average sold price tracking around $627,000, with February coming in at $662,409 and March at $544,250. Some of that drop is mix-driven — fewer high-end properties have been trading — but prices have clearly softened from 2025 levels. For a buyer, that's not a warning sign. That's an opportunity.

Entry Level
Under $500K

Smaller homes, properties needing work, or locations further from the waterfront and wine trail. Available if you're flexible.

Premium
$800K+

Waterfront, larger properties, and premium STA-licensed listings with proven rental income built in.

Spring 2026 is here, and the market is already moving. PEC typically picks up later in the season than the 401 corridor — the lifestyle appeal kicks in once people can actually visit and see it. That window is open right now. If you're serious about buying, the combination of active inventory and buyer-friendly conditions makes this one of the better entry points this market has offered in years.


What Does Your Budget Actually Buy Here?

Let me make this concrete.

At $699,000, you're in the range for a 3–4 bedroom home with deeded waterfront on South Bay — acreage, privacy, and an STA licence already in place. Properties like this exist in this market right now and tend to move when priced correctly.

At $550,000–$650,000, you're typically looking at a well-maintained 3–4 bedroom home in or near Picton or Wellington, or a rural property with acreage and outbuildings that has real character.

At $400,000–$500,000, you're in the entry market — smaller homes, properties that need some TLC, or locations a bit further from the waterfront and wine trail.

One thing worth knowing: many buyers come here expecting cottage country prices. PEC is not cottage country in that sense. The lifestyle, the community, and increasingly the global profile are part of what you're paying for.

The STA Angle: Income While You're Not There

One of the reasons PEC has attracted a different caliber of buyer is the short-term accommodation market. Properties with an STA licence — and PEC has restricted new licences significantly — can generate meaningful rental income when you're not using them.

This matters for buyers who want a weekend or seasonal property that partially pays for itself. An STA-licensed waterfront property with proven rental history isn't just a lifestyle purchase — it's an asset with an income component.

"An STA-licensed waterfront property in PEC isn't just a lifestyle purchase. It's an asset with an income stream — and one of the rarest things to find in this market right now."

If this is part of your thinking, I'd encourage you to read my full breakdown: The Complete Guide to Short-Term Rental Properties in Prince Edward County. It covers the licensing rules, what to look for, and what the income picture actually looks like in practice.


Who's Buying in PEC Right Now?

Based on what I'm seeing: remote workers and professionals from Toronto and Ottawa who've realized they don't need to be in the city five days a week. Retirees and pre-retirees looking for a slower pace without sacrificing culture. Investors buying STA-licensed properties for income. And a growing number of people who read something like the Condé Nast piece and thought — wait, is this actually possible?

The answer, for a lot of people, is yes. But it takes some orientation. PEC isn't a turnkey lifestyle transplant. It rewards people who come in with realistic expectations and a genuine interest in the place itself.


My Honest Advice If You're Considering This

A few things I tell every out-of-town buyer who reaches out:

  1. 01
    Visit before you commit

    Come in a season that isn't peak summer. The County in September or October tells you far more about what daily life looks like than a July long weekend does.

  2. 02
    Get clear on what you actually want

    Full-time residence? Weekend retreat? Income property? The right property looks completely different depending on your answer.

  3. 03
    Don't wait for prices to drop significantly

    The Condé Nast effect is real — more buyers are discovering PEC right now than at any point in the last decade. Balanced conditions today don't guarantee the same conditions in 18 months.

  4. 04
    Work with someone who actually knows the area

    The difference between an agent who knows South Bay waterfront versus Bay Shore versus Sandbanks proximity is meaningful. Neighbourhood nuances matter here more than most markets.

Key Takeaways


Frequently Asked Questions

Is 2026 a good time to buy in Prince Edward County?

Yes — PEC is firmly in a buyer's market right now. Inventory is up, days on market are longer, and sellers are negotiating. Buyers have more time and more leverage than they've had in years. Add in the growing global attention from the Condé Nast recognition, and the medium-term demand outlook is strong. It's a good time to be buying.

How much does it cost to buy a home in Prince Edward County?

PEC's 2025 annual average sold price was approximately $779,000. In 2026, prices have softened — the year-to-date average is tracking around $627,000 (CLAR data, Q1 2026). Entry-level properties exist below $500,000, and the $550K–$750K range now covers a broad selection of character homes, rural properties, and waterfront access.

Can I get an STA licence for a property I buy in PEC?

PEC has significantly restricted new STA licences. Existing licensed properties can be transferred with the sale of the property. If STA income is part of your buying plan, it's essential to confirm licence status before making an offer — not all properties are eligible.

How far is Prince Edward County from Toronto?

Approximately 2–2.5 hours east of Toronto, depending on your destination in the County. Picton is the main hub; the drive is straightforward along the 401 to Highway 62 south.

What's the best time of year to visit before buying?

September or October. You'll see the County past the summer peak but still at its best — fall colours, harvest season, and a much clearer picture of what everyday life looks like than a summer long weekend gives you.


Jake Bergeron
Jake Bergeron
Sales Representative · eXp Realty, Brokerage · Prince Edward County, Ontario

Jake specializes in helping out-of-town buyers find their place in Prince Edward County — from first inquiry to closing day. He grew up in the County and has spent his career in this market. Reach him at (613) 471-0960.

Ready to Take a Closer Look?

Let's Find Your Place in Prince Edward County

No pressure, no script. If you're at the stage of serious curiosity — or serious consideration — I'm happy to have a direct conversation about what's available, what fits your goals, and what to expect.